Sanwo-Olu unveils 30-year dev’t plans, signs Lagos Wealth Fund Bill

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Lagos State Governor Babajide Sanwo-Olu has signed the Lagos State Wealth Fund (LSWF) bill and the Lagos State Civil Bill which will be sent...

Reason CBN needs to adopt blockchain – Professor Yemi Osinbajo

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Professor Yemi Osinbajo has stated that Nigeria may need to further broaden the scope of its banking licences in order to accommodate more players...

BREAKING: Naira falls big to N740/$1 on black market Exchange Rate

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On the black market, the naira-US dollar exchange rate has dropped to a new low, trading at a minimum of N740/$1 on Tuesday morning....

Dollar to Naira Exchange Rate/ Black Market Rate Today, 28th September,...

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The dollar to Naira Exchange rate at both the black market and aboki fx today, 28th September 2022. The exchange rate is between ₦708 and ₦725. You convert your...

Inflation: CBN raises interest rate to 15.5%

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The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 15.5 percent, from 14 percent in a bid to curb...

Naira hits new low as it trades at N719 to a...

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The naira has crashed further in the parallel market, trading for N719 against the U.S. dollar on the parallel exchange platform Aboki Forex. Checks on...

Buhari Approves Fuel Subsidy Removal For June 2023

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The Minister of Finance, Zainab Ahmed, has disclosed that President Muhammadu Buhari has set June 2023 as the date for the removal of fuel...

BREAKING: Nigeria’s inflation rate surges to 19.64% in July 2022

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In July 2022, Nigeria's inflation rate increased to 19.64% from the previous month's figure of 18.6%. This is supported by the National Bureau of...

Ghana’s inflation rate rises to 31.7% in July 2022

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The headline inflation rate in Ghana increased to 31.7 percent in July 2022 from the previous month's 29.8 percent, which caused inflation to continue...

“We Are Working To Avert Further Naira Fall” – CBN

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With an escalating demand for foreign exchange for both goods and services by Nigerians, the Central Bank of Nigeria (CBN) has assured that it...